https://www.taxtmi.com/caselaws?id=470125 Delayed furnishing of Form 10B by a charitable trust is a procedural defect that may be cured where the delay is bona fide and the statutory conditions for exemption are otherwise satisfied. A delay caused by confusion over revised filing requirements and a technical error in the audit certificate, later rectified, should not by itself defeat exemption merely because the audit report was filed after the prescribed deadline. The delay was condoned, and the trust remained eligible for exemption under Section 11 in accordance with law. en-us Tue, 31 Dec 2024 00:00:00 +0530 Thu, 16 Jul 2026 19:02:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470125 Delayed furnishing of Form 10B by a charitable trust is a procedural defect that may be cured where the delay is bona fide and the statutory conditions for exemption are otherwise satisfied. A delay caused by confusion over revised filing requirements and a technical error in the audit certificate, later rectified, should not by itself defeat exemption merely because the audit report was filed after the prescribed deadline. The delay was condoned, and the trust remained eligible for exemption under Section 11 in accordance with law. Case-Laws Income Tax Tue, 31 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470125